ComplyAdvantage has made a series of appointments to its senior executive team. Vatsa Narasimha, who joined in January as COO and CFO, becomes a member of the company’s board. He is responsible for leading the company’s global expansion.
The company also announced the addition of Elizabeth Bramlage as Chief Marketing Officer and Amanda Ward as Vice President of People. The announcement comes on the heels of the company’s $50M Series C fundraise and record quarterly growth.
“2020 has been a strong year for ComplyAdvantage. We were able to seamlessly move to remote work in March and closed our largest sales quarter while finalising our Series C funding in July,” said Charles Delingpole, Founder and CEO.
“I look forward to the rest of the year with a profound appreciation for what we have accomplished and excitement about the tasks ahead as we continue on our journey of eliminating financial crime. Vatsa will be playing a pivotal role in leading the charge,” he added.
ComplyAdvantage is an AI-driven financial crime risk data and detection technology provider in a global regtech market expected to reach $16B by 2025. With its proprietary database and financial risk management tools, it already works with a wide variety of reputable financial institutions, insurance companies and fintechs including Santander Bank and the more recent additions of Azlo, Brex and Binance.
“When we started this year, we knew we wanted to accomplish three things. We wanted to raise our Series C, further invest in our award-winning products, and hire an incredibly talented set of leaders to take us into our next phase of growth,” said Vatsa Narasimha, COO and CFO of ComplyAdvantage.
“With Elizabeth and Amanda leading our marketing and talent functions respectively, we will be able to scale at a faster rate. I am pleased to welcome them both as we take our next step in transforming the world of risk and compliance.”